Overheating market alarms industry

Article Abstract:

There is a danger of the UK construction market becoming overheated, with skills and resources being stretched beyond their limits, according to senior industry figures. The construction industry's workforce has declined dramatically over recent years, and this is now bringing the danger of skills shortages and materials price inflation. In many cases, tender prices are still below budget, but the impact of growing volumes of work will begin to be seen in tender prices shortly.

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Tories ignore industry pleas

Article Abstract:

The UK government has stated that it is not willing to provide any incentives for the construction and housing sectors. Chancellor Kenneth Clarke believes that increasing consumer confidence and lower mortgage rates will allow the housing sector to recover in the long term, but he is cautious about any artificial stimulation. The House Builders Federation has called on the government to commit itself to increasing home ownership.

Single Family Housing Construction, 1-Family Housing, United Kingdom, Residential construction, Housing policy, Single family housing

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French giant eyes up PFI schemes

Article Abstract:

There is considerable potential in UK private finance projects, according to Generale des Eaux, which owns 80% of SGE, the second-largest construction concern in Europe. Generale des Eaux is now considering possible links with UK, French or international partners on UK private finance schemes. Investment would be undertaken through General Utilities, its subsidiary in the UK.

Foreign operations, Investments, Compagnie Generale des Eaux

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